Watch List notes:

KINGS of MACEDON. Alexander III 'the Great'. 336-323 BC. AR Obol (9mm, 0.62 g, 5h). Babylon mint. Struck under Stamenes or Archon, circa 324/3 BC. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; below throne, monogram above strut, M below. Price 3606 var. (position of controls). VF, toned, delaminations, some porosity. Extremely rare, none in Pella nor CoinArchives.

Ex Classical Numismatic Review XIX, 1 (1994 First Quarter), no. 30; Lawrence Cutler Collection (Numismatic Fine Arts Fall MBS, 18 October 1990), lot 183; Superior (7 June 1984), lot 1381.